Equity mutual fund inflows hit 4-month low of Rs 6,108 cr in April as stock market witnesses extreme volatility
Inflows into equity mutual funds dropped to a four-month low of Rs 6,108 crore in April as the broader market witnessed extreme volatility on concerns over the coronavirus pandemic
Rates have been cut, debt funds have emerged as a viable alternative, FDs are losing the tax game and they provide limited flexibility.
The government is working on a proposal to extend tax benefits to retail investors in its two exchange traded funds - CPSE and Bharat-22 ETF
Don't be in a hurry to make tax-saving investments; seek professional guidance based on financial goals
Final choice of the investor for choosing a tax-saving instrument depends upon various factors like risk profile, the kind of tax-saving instrument which can be linked to a specific goal, tenure, and the taxability status.
Gold ETFs lose sheen, investors withdraw Rs 280 cr in April-November period; AUM down 11% to Rs 4,385 cr
Gold ETF trading has been tepid during the past five financial years.
In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 422 crore in the first seven months of 2017-18, latest data with industry body Amfi showed.
According to Association of Mutual Funds in India (AMFI) data, the asset under management (AUM) of the industry, comprising 41 active players, stood at Rs 22.06 lakh crore at the end of September, as compared to a record Rs 25.20 lakh crore in August-end.
Trading in gold ETF segment has been lukewarm during the last five years
With the dust finally settled on the ‘populist’ budget announcement, investors can now devise strategies and discover avenues to prudently plan to save tax for the remainder of the current financial year and the next financial year as wel
Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative
The value of these companies or SMEs will increase as the future earnings projections will go up because of the reduced tax
Mutual funds are best option available in the market whether you planning for any short, medium or long term financial goal
Total investment in mutual fund schemes stood at Rs 1.10 lakh crore in the first two months of the current fiscal
Growing participation from retail investors and huge inflow in equity schemes have also helped increase the folio count.
In its budget proposal to the Finance Ministry, Sebi has recommended reducing the securities transaction tax (STT) on stock trading, sources said
The money you invest in EPF actually goes into government paper, where yields are typically lower than in fixed deposits. So, it is government that benefits by getting access to your EPF money.
Presently the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under Sections 80C, 80CC and 80 CCC of the Income-Tax Act.
When you invest in ELSS, the fund locks your money for a period of three years. If you opt for the dividend reinvestment plan, there is a good possibility that a part of your money would get locked in forever.
The Rajiv Gandhi Equity Savings Scheme is not what the doctor ordered for the Indian saver.
If DTC is introduced from the next financial year, investors will no longer be able to invest in ELSS and get tax deductions.